NOT LISTED FOR SALE

640 Burr Oak Dr Lake Zurich, IL 60047

Estimated Value: $398,000 - $416,000

4 Beds
3 Baths
1,629 Sq Ft
$249/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $260,000 $160 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,704/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Fenced Yard
  • Sarah Adams Elementary School Rated A
  • Walk-In Pantry
  • Attached Garage

About This Home

As of April 2021

Opportunity is presenting itself due to tenant smoking in the house, but this home is priced accordingly... The walls and ceilings need to be washed and painted, likely a good idea to put in new carpeting too. The GOOD NEWS is the architectural roof was installed in 2018, there is a fenced yard, an entertainment sized deck and the home has timeless architectural appeal! All appliances are included. And of course, it is located in ever-popular Old Mill Grove Subdivision. Come build instant equity by completing the cosmetic improvements.

Last Agent to Sell the Property

Michael Rein

Baird & Warner License #471006350 Listed on: 01/27/2021

Baird & Warner

Last Buyer's Agent

Lisa Wolf

Keller Williams North Shore West License #471008702

Keller Williams North Shore West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,666

Year Built

  • 1971

Lot Details

  • Fenced Yard

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Dining Area
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,666

Year Built

1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1971
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Interior Property Features: Wood Laminate Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Ceiling Fan
  • Basement: Slab
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Half
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 1X1, On Level: Main Level
  • Kitchen Type: Dimensions: 9X12, On Level: Main Level, Flooring: Other
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Eating Area
  • Master Bedroom: Dimensions: 10X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Eating Area, Dimensions: 1X1, On Level: Main Level, Flooring: Other
  • Bedroom 2: Dimensions: 10X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 10X11, On Level: 2nd Level, Flooring: Carpet
  • Family Room: Dimensions: 17X12, On Level: Main Level, Flooring: Other

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio
  • Acreage: 0.217

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 2076

Schools

  • School District: 95
  • Elementary School: Sarah Adams Elementary School
  • Middle School: Lake Zurich Middle - S Campus
  • High School: Lake Zurich High School
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: 70X135
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 14211010260000

Tax Info

  • Taxes: 6519.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Apr 1, 2021
Sold by
Zicco Ryan M and Zicco Karen C
Bought by
Simic Kresimir
Seller's Agent
Michael Rein
Baird & Warner
Buyer's Agent
Lisa Wolf
Keller Williams North Shore West
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Current Estimated Value
$405,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,105
Avg. Annual Appreciation
10.10%
Original Mortgage
$265,980
Outstanding Balance
$238,724
Interest Rate
2.5%
Mortgage Type
VA
Estimated Equity
$162,137

Purchase Details

Closed on
Sep 5, 2007
Sold by
Lewis Steven E and Lewis Mary C
Bought by
Zicco Ryan M and Zicco Karen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,850
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Simic Kresimir $260,000 Baird & Warner Title
Zicco Ryan M $272,500 St
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simic Kresimir $265,980
Previous Owner Zicco Ryan M $258,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $260,000 -3.7% $160 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $269,900 -- $166 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,666 $105,039 $22,214 $82,825
2023 $6,347 $93,777 $19,832 $73,945
2022 $6,347 $86,569 $15,552 $71,017
2021 $6,592 $84,350 $15,153 $69,197
2020 $6,473 $84,350 $15,153 $69,197
2019 $6,373 $83,614 $15,021 $68,593
2018 $6,477 $85,182 $16,158 $69,024
2017 $6,434 $84,155 $15,963 $68,192
2016 $6,318 $81,491 $15,458 $66,033
2015 $6,244 $77,618 $14,723 $62,895
2014 $5,174 $69,598 $17,790 $51,808
2012 $4,990 $69,744 $17,827 $51,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10980910

Midwest Real Estate Data (MRED)

APN: 14-21-101-026